On 1 January 2025, the FuelEU Maritime Regulation will come into force. The regulation may require stakeholders to start taking measures now and the BIMCO FuelEU Maritime Clause for Time Charter Parties 2024 is developed to help stakeholders align their contractual frameworks. The clause was adopted by BIMCO’s Documentary Committee on 25 November.#BIMCO #FuelEU #Maritime #Clause #TimeCharterParties
𝐅𝐮𝐞𝐥𝐄𝐔 𝐌𝐚𝐫𝐢𝐭𝐢𝐦𝐞: 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬, 𝐜𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬, 𝐚𝐧𝐝 𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐢𝐦𝐩𝐚𝐜𝐭𝐬. The forthcoming regulations from the EU and likely the IMO are set to significantly affect the shipping industry, imposing substantial costs on vessel owners. This white paper gives an overview of the key requirements set out in the FuelEU Maritime Regulation (Regulation (EU) 2023/1805), hereafter referred to as ‘FuelEU Maritime’.#DNV #FuelEU #Regulation